Feb 5, 2020 | All News
The Otsego Community Foundation (OCF) is accepting scholarship applications for graduating seniors as well as current college students starting on February 4, 2020. A total of 15 scholarships will be awarded, ranging from $500-$1,500. General scholarships, as well as...
Feb 5, 2020 | All News
On January 23 at the annual Gaylord Area Chamber of Commerce (GACC) Awards Celebration, OCF’s Karin Beyer was recognized with the Patti Dobrzelewski Volunteer of the Year Award. The award recognizes a community leader who donates his or her time to Chamber...
Feb 3, 2020 | All News
If volatile market conditions persist, gifts of hard-to-value assets may become popular substitutes for appreciated stock gifts. That’s why we’re keeping a close eye on the IRS’s scrutiny of Form 8283, “Noncash Charitable Contributions,” especially now that the final...
Feb 3, 2020 | All News
Businesses frequently make cash donations to charitable organizations. But what happens to the deductibility of those donations under the state and local tax limitations imposed by the 2017 tax law? This issue continues to be the subject of discussion, but your...
Feb 2, 2020 | All News
A new decade frequently inspires closely-held business owners to start thinking about an exit strategy. Before your business-owner client starts putting out feelers to potential acquirers, be sure to counsel your client about the benefits of contributing an ownership...
